Directors’ and Officers’ Insurance and Indemnification. The Subsidiary shall provide directors and officers insurance covering the Employee for events occurring during the Employment Term on terms at least as favorable as coverage for Directors of the Company, and the Subsidiary shall provide indemnification to the Employee to the full extent allowed by the law of its jurisdiction of incorporation.
Appears in 13 contracts
Samples: Employment Agreement (Statia Terminals Canada Inc), Employment Agreement (Statia Terminals Group Nv), Employment Agreement (Statia Terminals Group Nv)